traderdose
Short

USDJPY: 1H Bat Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
94 0 2
Bat pattern in play that could be entered as HTF             trend continuation with extended targets or normal pattern trade. There is also HTF             . 618 retracement within the resistance zone along with the 115.000 even handle number. A tiered position entry technique might come in handy in this situation. If this zone does not hold and price pushes higher, I would eye ball 117.000 for a short opportunity.

Good luck trading!
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